Primes De Salaires
English translation: wage (risk) premiums
| 21:14 Apr 3, 2017 |
| French to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: Nikki Scott-Despaigne Local time: 04:22 | ||||||
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| Summary of answers provided | ||||
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| 3 +3 | wage (risk) premiums |
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| 4 | salary premiums |
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Answers
6 mins confidence: 
salary premiums Explanation: Or "premia", if you want to be as correct as possible. This form is dying out and increasingly being replaced by the plural "premiums". A premium is simply an additional amount over and above some reference level. An example is when one company wants to buy another, and offers to pay a premium above the market price of the target company's shares. From the excerpt quoted, it seems this is referring to salaries that are higher than average due to a higher than average risk of work-related mortality. |
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1 hr confidence: peer agreement (net): +3
peer agreement (net): +3wage (risk) premiums Explanation: I'd originally supposed the term to be "bonus", but the work of Thaler and Rosen (probably the 1976 paper, BTW, and not 1979, you might like to cross-check with the author), suggests it is probably "premium". That is what their papers are about around that time. https://www.jstor.org/stable/1832064?seq=1#page_scan_tab_con... -------------------------------------------------- Note added at 1 hr (2017-04-03 23:09:08 GMT) -------------------------------------------------- Here's the original paper : http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.505... -------------------------------------------------- Note added at 1 hr (2017-04-03 23:11:10 GMT) -------------------------------------------------- It really does appear to be the landmark paper. I strongly recommend you check that your client has not got the wrong date. -------------------------------------------------- Note added at 1 hr (2017-04-03 23:13:48 GMT) -------------------------------------------------- Sample extract from p.37: "The qualifications on the meaning and interpretation of the estimate of the increase in wage premiums accompanying higher risk are so carefully spelled out in the paper that cautious analysts might be reluctant to place much reliance on the estimate for policy purposes. For small policy changes, however, the conceptual basis of the estimate is probably adequate for policy purposes. Most policy changes that might be analyzed using estimates of this sort in an effort to quantify their impact and desirability are likely to be small compared to the entire package of risk-reward choices that confronts the average person." There are 24 hits for "premium" in the publication. One hit and its surrounding txt will not doubt help. Night, night. -------------------------------------------------- Note added at 2 hrs (2017-04-03 23:20:09 GMT) -------------------------------------------------- The correct reference: Thaler R., , & Rosen S. (1976). The value of saving a life: Evidence from the labor market. In Terleckyj N. E. (Ed.), Household production and consumption (pp. 265–300). New York & London: Columbia University Press. -------------------------------------------------- Note added at 2 hrs (2017-04-03 23:22:32 GMT) -------------------------------------------------- "Wage premiums". Note the use of "wage" in the source. A "salary" is generally a fixed sum for which the hours you are expected to do will be a little elastic. A "wage" is generally paid for an hourly rate, with specific overtime. |
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